(Neb.)-Final Loan Availability For Crop Commodities
LINCOLN, NE, May 23, 2013 – “The final loan availability deadline date is Friday, May 31 for 2012 crop commodities” said Farm Service Agency State Director Dan Steinkruger.
The predominate crops this deadline applies to in Nebraska are corn, grain sorghum, soybeans and sunflower seed that were harvested in 2012. Steinkruger explained, “These marketing assistance loans provide producers interim financing to meet cash flow needs without having to sell their commodities when market prices are low.”
Producers are encouraged to contact their local USDA Service Centers for additional details about commodity loans. In addition, program details can be found by accessing the Nebraska Farm Service Agency website for a Nonrecourse Marketing Assistance Loan Program fact sheet at www.fsa.usda.gov/ne.
(Information courtesy of Farm Service Agency)
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